July 17, 2024 7:47 pm

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Lynnwood’s AA+ Bond rating and why it is important

Bond rating

LYNNWOOD, Wash., May 15, 2023—On April 18, 2023, Standard and Poor’s Global Ratings (S&P), the world’s leading provider of independent credit ratings, assigned its ‘AA+’ long-term rating with a stable outlook to the City of Lynnwood’s 2023 limited-tax general obligation (LTGO) refunding bonds. The only rating higher is ‘AAA’ which few municipalities have ever achieved. […]

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